IMMANUELFONDEN — Credit Rating and Financial Key Figures

CVR number: 11822924
Stadionvej 1, 3900 Nuuk
immanuel@immanuel.gl

Company information

Official name
IMMANUELFONDEN
Established
1999
Industry

About IMMANUELFONDEN

IMMANUELFONDEN (CVR number: 11822924) is a company from SERMERSOOQ. The company recorded a gross profit of 498.9 kDKK in 2024. The operating profit was -489.7 kDKK, while net earnings were -680.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.4 %, which can be considered poor and Return on Equity (ROE) was -31.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IMMANUELFONDEN's liquidity measured by quick ratio was 11.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales964.82866.101 686.76
Gross profit466.82610.081 904.04395.44498.89
EBIT- 109.8822.061 139.87- 522.61- 489.69
Net earnings- 284.3716.091 219.87- 362.52- 680.21
Shareholders equity total1 630.841 646.932 866.802 504.281 824.07
Balance sheet total (assets)2 636.932 629.223 982.763 588.532 004.09
Net debt- 386.61- 414.37-3 795.23-3 069.94-1 928.48
Profitability
EBIT-%-11.4 %2.5 %67.6 %
ROA-4.0 %0.8 %34.5 %-12.7 %-16.4 %
ROE-16.0 %1.0 %54.1 %-13.5 %-31.4 %
ROI-6.2 %1.3 %50.5 %-18.0 %-21.2 %
Economic value added (EVA)- 152.52-45.061 168.14- 345.50- 319.25
Solvency
Equity ratio61.8 %62.6 %72.0 %69.8 %91.0 %
Gearing0.0 %
Relative net indebtedness %64.2 %65.6 %-158.8 %
Liquidity
Quick ratio0.40.53.63.311.1
Current ratio0.40.53.63.311.1
Cash and cash equivalents386.61414.373 795.233 070.051 928.48
Capital use efficiency
Trade debtors turnover (days)0.513.210.4
Net working capital %-64.1 %-61.5 %169.0 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-16.4%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.0%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member

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